Tech company breaks boundaries
The best things about consumer technology are that it has no national boundaries and it provides everyday solutions to life’s conundrums, said Vincent Yang, co-founder and CEO of Vancouver’s H+ Technology.
The holographic technology company, two of whose three co-founders were international students from China, has received accolades from the local community in its three years of existence.
It won “Most Disruptive Innovation” and “Company of the Year” at the NextBC 2015 annual award show on June 6.
Earlier this month, the company’s Kickstarter campaign to fund the launch of Holus, a 3D holographic tabletop platform, broke its initial fundraising target of C$50,000 in just 19 minutes.
H+ Technology was co-founded in 2012 by Yang, CFO Yamin Li and CTO Dhruv Adhia, all former international students and graduates of the Master of Digital Media joint program by UBC, SFU, BCIT and Emily Carr University.
Yang and Li, who came to the program from mainland China, chose to stay in Vancouver after their graduation because they found a lot of local support for digital media industries.
“We did our research at the best environment for incubating a startup, and you just want to be where the opportunity is,” Yang said. “Vancouver is full of talent, and gave us the right opportunity at the right time to incubate our ideas and find resources.”
“Apart from funding and tax benefits, there’s assistance from the local government to the technological industries in market research and planning, so we focus not just on growth, but also developing good ideas,” Li explained. “And of course, Vancouver global connections as North America’s Pacific gateway is valuable to an entrepreneur.”
The multicultural environment of Vancouver was yet another attraction.
“There are very few cities in the world where you can meet people from every country and learn about the needs of their markets and their people,” Yang said. “This kind of environment is an absolutely necessary learning tool to a startup.”
Since the company’s founding, which Yang describes as an “extracurricular activity in [the] basements and garages” of the co-founders while they worked other full-time jobs, H+ has grown into a young team of around 20 employees. A number of them were former international students from China and elsewhere, who can bring expertise and markets knowledge from overseas communities.